A. 20,000 Loss
B. 20,000 Profit
C. 10,000 Loss
D. 10,000 Profit
Related Mcqs:
- A second hand car is purchased for 2,00,000 and sold at 1,40,000 after two years. If depreciation is charged @ 10% on written down value method, find the profit or loss on sale of the Second hand car??
- Profit on sale of old plant is:___________??
- Any gain on the sale of non-current assets should be _________ from the net profit and the loss must be _________to the net profit in determining fund from operation??
- Which of the following statements is correct about Depreciation??
- Carriage on goods purchased is shown in:___________??
- Depreciation Account appearing in the Trial Balance is shown in:?
- Shares can be purchased and sold in
- Revenue receipts are shown in___________??
- Which of the following loss in steam turbines is negligible?
- A property has an initial value of Rs 10000 service life of 10 years and final salvage value of Rs. 2000. What is the annual depreciation cost if straight-line depreciation is used?
